Check out some available loans that are similar to this one!
Mercedes Susana
Mercedes Susana is 29 years old, and is married with two young children. She is from León, which is located in the western region of the country. Mercedes is a very hardworking, responsible woman with lots of motivation for pursuing her life goals. She has had to work to make a living from a very young age.

In her free time, Mercedes likes to spend time playing with her kids. Unfortunately, since she did not come from a wealthy family, Mercedes was never able to pursue a degree at a university, but she would have liked to study clinical medicine.

Thanks to her entrepreneurial spirit and motivation for getting ahead in life, Mercedes was able to open up a clothing sales business five years ago. Her store is located in one of the central markets in her town, and she works ten hours there each day. She plans to use the support from this loan to purchase merchandise to stock her business, including: pants, shirts, blouses, tank tops, shorts, skirts, towels, sheets, underwear, etc. Mercedes is grateful for to Kiva lenders for this opportunity and for their support of hardworking people around the world in developing countries like Nicaragua who desire to work an honest job and make a living.
View original language description ↓
Mercedes Susana de 29 años de edad, casada con dos hijos menores de edad. Originaria de León, lugar que está ubicado en la zona de occidente del país. Mercedes se caracteriza por ser una mujer trabajadora, responsable, con ganas de superación personal. Ya que desde muy temprana edad tuvo que trabajar.
En sus ratos libre le gusta pasar tiempo de calidad con sus hijos en actividades recreativas. Lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, pero le hubiera gustado mucho estudiar laboratorio clínico.
Gracias a su espíritu de emprendedor y sus ganas de salir adelante es que tiene por actividad económica la venta de ropa, desde hace cinco años, y está ubicada en unos de los mercados de la localidad. La rutina de trabajo de Mercedes es trabajar unas 10 horas diarias ofreciendo sus productos a clientes fijos y eventuales. el objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de mercadería como pantalones, camisas, blusas, camisetas, short, faldas, bermudas, juegos de toallas, juegos de sabanas, ropa interior. Mercedes agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $3,636
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,675
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Mercedes Susana to purchase clothing for her business, including: pants, shirts, blouses, tank tops, shorts, skirts, towels, sheets, underwear, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013